Russia: Real interest rate

* indicates monthly or quarterly data series
 Russia

Real interest rate: Bank lending rate minus inflation

 Latest value -8.21
 Reference 2021
 Measure percent
 Source The International Monetary Fund

For that indicator, we provide data for Russia from 1997 to 2021. The average value for Russia during that period was 0.36 percent with a minimum of -18.95 percent in 1999 and a maximum of 19.62 percent in 1998. The latest value from 2021 is -8.21 percent. For comparison, the world average in 2021 based on 92 countries is 1.85 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.
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